Listed ice-cream producer Taufika Foods and Lovello Ice-cream experienced a 107.14 per cent increase in profit in the second quarter of FY26 to Tk 113.88 million, as sales increased significantly compared to the same quarter of the previous year. In the second quarter (October-December) of FY25, t
Grameenphone Chief Executive Officer Yasir Azman has issued a blunt warning that Bangladesh's telecommunications sector is becoming commercially unviable due to excessive taxation, unresolved audit disputes and restrictive regulation, saying the overall environment is "designed to fail". In an int
Shareholders of the merged banks and non-bank financial institutions (NBFIs) slated for liquidation may have taken loans against their shareholdings by placing those shares under lien. Regulatory bodies are now pondering solutions to this issue, along with several others feared to arise in the afte
The merger and liquidation of financial institutions are set to cost hundreds of jobs, while weakened money and capital markets leave little scope for new employment to replace those lost. Although the central bank has assured that there will be no job cuts arising directly from the merger of five
Mutual Trust Bank PLC (MTB) has joined the Partnership for Carbon Accounting Financials as a signatory, reinforcing its commitment to transparency, consistency and accountability in climate-related measurement and reporting. The bank said the move reflects its intention to align with globally reco
Stocks slipped into negative territory on Thursday after posting modest gains over the previous three sessions, as investors turned cautious. The DSE's prime index fell 7.52 points to 4,958.99. Cautious selling amid risk aversion outweighed selective buying in large-cap stocks. The lack of sustai
All three listed companies of the BEXIMCO Group have not held board meetings since March last year, as a writ petition over the appointment of independent directors remains pending. The Bangladesh Securities and Exchange Commission (BSEC) appointed 25 independent directors to BEXIMCO Ltd, Beximco
The securities regulator has reinstated the process of allotting IPO (initial public offering) shares through a lottery system, reversing a previous shift to a pro-rata allocation method. This decision is part of the revised Bangladesh Securities and Exchange Commission (Public Offer of Equity Sec
The yield on five-year treasury bonds fell sharply on Tuesday as banks channelled excess liquidity into risk-free government securities amid weak private-sector credit demand ahead of the national election. The cut-off yield-commonly referred to as the interest rate-on Bangladesh Government Treasu
Bangladesh Shipping Corporation (BSC) has handed over a cheque for Tk 2.03 billion to the government, covering loan installments and dividend payments related to six ship acquisition projects implemented under the Ministry of Shipping.Trade Fair Guide The cheque was formally presented to the Chief
The latest rebalancing of the benchmark index of the Dhaka bourse has pushed out several fundamentally strong stocks in favour of junk stocks, a consequence of investors' prolonged exit from the secondary market over the past two years. "This is a true reflection of our market and it was supposed
The securities regulator has instructed Silva Pharmaceuticals to conduct a revaluation of its machinery and equipment purchased with IPO funds and to disclose the operational status of the factory building constructed using the same proceeds. The move aims to determine the company's accurate finan
Miracle Industries, a plastic packaging manufacturer, posted a deeper loss in the second quarter (October-December) of FY26, amounting to Tk 21.48 million, compared with a loss of Tk 6.34 million in the same period of the previous year. The company incurred higher losses despite increased sales vo
